veldy
join:1999-08-04
Minneapolis, MN
1 edit | reply to LowRider
Re: Price Goes Up, You Loose More Customers said by LowRider:when will they learn that economic rule. Bingo ... all their competition offers similar or better service at a lower price. In particular, I am referring to Verizon FIOS for Internet and DBS for television. HOWEVER, in many markets, such as Minneapolis/St. Paul, they have much less real competition on the HSI side. QWest is the largest ILEC here. QWest is old and stodgy, full of debt, and can't offer DSL to all of its customers, and those that it can range from 256Kbps/256Kbps to 7Mbps/896Kbps with the average customer only capable of getting 1.5Mbps/1024Kbps (yes, nice upload). My point is that Comcast relies on revenue in markets where they have less or no competition. I think that is why this shareholder is probably upset; competition IS growing, especially in markets with FTTH, and it will continue to grow. Comcast has not shown signs growth in my market because they have no HSI competition. Out in New England, many are getting 16Mbps or 20Mbps download speeds, here, we have a max of 8Mbps available to us. Hell, I would pay more for them to make the faster speed available as I have many opportunities to use it! Comcast has NOT bothered to lower prices on television in our area, and as such, there is a HUGE number of DBS users; I see a dish on at least half the homes around here, and I know that most of them are active [for the neighbors that I do know].
Comcast needs to compete with technology AND price and they are relying on a lack of competition to bolster price in markets that support it. That business model will eventually fail.
This is all my opinion and analysis of what I see. For reference, I am a Comcast HSI customer and a use DirecTV for television and a 3rd party VoIP service for phone. |
